2023
Exports
$52.7MWorld Rnk 31 / 192
Flag Rnk 266 / 1213
2023
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.71Rnk 278 / 1025
2023
Imports
$98.5MWorld Rnk 39 / 219
Flag Rnk 237 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $52.7M in Industrial Food Preperation Machinery, making it the 31st largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 266th most exported product in Portugal. The main destination of Industrial Food Preperation Machinery exports from Portugal are: Angola ($19.4M), Spain ($7.2M), Netherlands ($4.62M), France ($3.32M), and Germany ($2.79M).

The fastest growing export markets for Industrial Food Preperation Machinery of Portugal between 2022 and 2023 were Angola ($13.3M), Netherlands ($3.59M), and Spain ($1.06M).

Imports In 2023, Portugal imported $98.5M in Industrial Food Preperation Machinery, becoming the 39th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 237th most imported product in Portugal. Portugal imports Industrial Food Preperation Machinery primarily from: Spain ($34.8M), Italy ($20.8M), Germany ($12.2M), Netherlands ($7.91M), and France ($7.48M).

The fastest growing import markets in Industrial Food Preperation Machinery for Portugal between 2022 and 2023 were Italy ($5.05M), Netherlands ($3.23M), and France ($2.03M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Industrial Food Preperation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$52.7M
IMPORTS (2023)$98.5M
NET TRADE (2023)-$45.8M

In 2023, Portugal exported $52.7M in Industrial Food Preperation Machinery. The main destinations of Portugal exports on Industrial Food Preperation Machinery were Angola ($19.4M), Spain ($7.2M), Netherlands ($4.62M), France ($3.32M), and Germany ($2.79M).

In 2023, Portugal imported $98.5M in Industrial Food Preperation Machinery, mainly from Spain ($34.8M), Italy ($20.8M), Germany ($12.2M), Netherlands ($7.91M), and France ($7.48M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Angola$13.3M (219%)
Netherlands$3.59M (347%)
Spain$1.06M (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Portugal WERE (2022 - 2023):
United Kingdom-$2.17M (-84.9%)
Vietnam-$1.88M (-97.3%)
Algeria-$1.2M (-69.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Industrial Food Preperation Machinery were:
In 2023, Portugal's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $2.82M
TOP IMPORT POTENTIALGermany+ $3.17M

Industrial Food Preperation Machinery’s highest export potential is Spain. With an export gap of $2.82M.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $3.17M.

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